The Business Times, 14 May 2002

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Microfilm: NL24451
Total Pages: 32
1 32 The Business Times
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  • Title Section
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    16 1 THE BUSINESS TIMES MITA (P) 010/03/2002 85C SINGAPORE Internet: http://business-times.asia 1 .com.sg TUESDAY, MAY 14, 2002
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  • Article
    Lock icon MARKET SUMMARY
    72 1 □m 1,732.79 (-3.16) □ffnoanmnuß 1,***** (-10.00) SDBKSIVTUIIS alio (-1.20) STOd ■AXKET DCDICES Monday Chance KLSECOMP 786.03 -161 NIKKEI 226 __11.33&96 194.1# HANG SENG 11,733,43 >87i3 SET INDEX 380.67 -1.42 JAKARTA COUP .***** *76 MANILA OOMP .1,***** >2.73 TAIPEI WPf 6,742.66 44.64 SEOUL COMP 82L89 «6 SHENZHEN B *****
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  • Article
    Lock icon FINANCE
    71 1 FHKEX BATES USI SI US5 (SS per USt) 1.803 £(USS/S$ per 1.464 1641 EUROfUSS/SS/E). 0.915 1.661 DM 2il6 1129 YEN 127.4 70.6 RM 1800 1107 HKS 7.799 4 J25 BAHT 4183 2176 RUPIAH 9176 6.143 PfllME RATES SINGAPORE* AH KUALA LUMPUR 640 HONG KONO i 126 JAKARTA 3900 TAIPEI
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  • Article
    Lock icon SingPost may be floated soon in one of S'pore's biggest IPOs
    492 1  -  BTiajjiimijj Major investment banks expected to take part in spin-off by Sing Tel By Conrad Raj [SINGAPORE] Singapore Telecom may soon float its postal arm Singapore Post in what could be the biggest local public float in recent times
    492 words
  • Article
    Lock icon HK properly stocks rally as queues return to launches
    547 1  -  Bayers snap np 1,100 nnits in 9 hours, with queue numbers sold for np to HK$2O,OOO From Audrey Tan in Hong Kong PROPERTY stocks rallied in Hong Kong yesterday, after brisk weekend sales at a property launch saw queues of homebuyers
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  • Article
    Lock icon Weak take-up so far for reverse mortgages
    636 1  -  Extension of scheme to HDB flats also not likely soon By Andrea Tan [SINGAPORE] In the five years since reverse mortgages made their appearance, response has been cool, and plans to include HDB flats in the scheme are unlikely to take off soon.
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  • Article, Illustration
    Lock icon No decision yet on auditor rotation for listed firms: Kloet
    425 1  -  By Chua Hui Min SINGAPORE Exchange (SGX) chief executive Thomas Kloet said yesterday the exchange has yet to decide if it will make listed companies change auditors every five years giving a welcome respite to accounting firms under pressure to
    425 words
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      76 1 iMmm Sing Tel. IDA suit SingTel's compensation was a concession: lawyers. Mmxt Pago Top Stories UPS staying put in S'pore: Asia-Pac president Next Pago AV Jennings profit down 20.5%. its E. v W] Frontline Technologies posts 19% profit rise. Pgs Carlisle Lodge up for en bloc sale. Pg7 Calpers may
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      45 1 A new-look HOB resale market soon? ■IPARLIAMENT RE PORTS I MP inderjit Singh's 'tactical' wishlist p, Dedicated berths at terminals I an option S pore will push to maintain air hub status KMd aM *Im h* hM to ngr h >Tt kMkh« hpHmmhl Mw 22
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      56 1 <^ l 1 K Marme chronograph in 950 platinum Self-winding movement with date calendar >4^ and subd.al for the seconds 30-m.nute and 12-hour totalizers Silvered gold dial V hand-engraved on a rose engine Water-resistant <y Depuis 1775 Montr*) Breguet BA. VallAe de Joua, Switzerland www bran List of ths Breguet
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Hold on, I'm delivering a speech
        135 2 IT can be annoying when you are making a speech at a luncheon and a mobile phone keeps ringing. And, worse still, embarrassing when the ringing comes from your own pocket as Hong Kong businessman Peter Woo found out. Addressing a packed gathering at
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      • Article
        Lock icon Thank those yonder highlanders
        116 2 STILL on Mr Woo, the TDC chairman was in Singapore to sell Hong Kong as a platform for business opportunities in mainland China. Among the incentives, the Chinese territory has an attractive tax system—a legacy of the founding Scottish merchants, according to Mr Woo. "The Scots
        116 words
      • Article, Illustration
        Lock icon Dribble through the fever
        71 2 GETTING World Cup fever? Then check out The Official Guidebook 2002 FIFA World Cup (above), on sale at news stands and bookstores. Priced at $10, this bright red guidebook has 200 pages of interviews with key players; previously unpublished photographs; analysis of the 32 teams and
        71 words
    • Article, Illustration
      Lock icon $1.5b sum was a concession: SingTel lawyers
      803 2  -  IDA, SINGTEL SUIT QC tries to show negotiations with TAS narrowed compensation By Angela Tan [SINGAPORE] The $1.5 billion compensation Singapore Telecommunications received in March 1997 for the early loss of its monopoly was due to a concession the government made on two
      803 words
    • Article, Illustration
      Lock icon UPS' Asia-Pacific HQ staying put in Singapore
      482 2  -  araggaa No contact yet with Syed Mokhtar but it welcomes 'proposals that make sense' From Eddie Toh in Kuala Lumpur UNITED Parcel Service the world's largest air express company remains committed to Singapore as home of its Asia-Pa-cific headquarters despite the growing attraction
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    • Article
      Lock icon Clarification
      67 2 OUR report on Saturday "Expatriates already here can get tax break" said expatriates will enjoy two years of benefits if they arrived in 2000. The Ministry of Finance has clarified that Not Ordinarily Resident (NOR) status will be granted after one year of assessment, and that expatriates who arrived
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      272 2 'i m w V C r rn 1 t- k~* *3 eft* 1.1 t* 4§p' 0 **■> SGX MSCI Japan Index Futures. Trading Commence 15 May. Taiko drumming, is <1 traditional laoanpse a-t form pnpuhrly ~n relebra'. r occasions. The drums are crafted in different si/es. enabling rh.. s'mkes <,r
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  • SINGAPORE companies
    • Article
      Lock icon 20.5% fall in profits for AV Jennings
      429 3  -  Drop due to Asl4£m tax bill; pre-tax profit actually rose 19% By Ven Sreenivasan CLOB-quoted Australian property developer AV Jennings Homes reported a 20.5 per cent fall in FY2002 earnings to A 529.3 million (5528.7 million), from A 536.9 million, due largely to
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    • Article
      Lock icon All eyes on AV Jennings today
      554 3  -  hock ven sreenivasan WILL MPH shareholders offload their Clob-traded AV Jennings shares when the stock starts trading in a more liquid environment today? Or will shareholders hold on to their shares in the hope of a strong dividend and long-term price appreciation on the
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    • Article, Illustration
      Lock icon SIA seen staying in the black, with profit of $291m
      565 3 Dow Jones Newswires SINGAPORE Airlines' record of profitability is likely to remain unblemished for the 30th straight year, thanks to recent robustness in its business, and cost-cut-ting following the global aviation industry's worstever downturn last year. Like other airlines, SIA
      Dow Jones Newswires; FILE PHOTO  -  565 words
    • Article, Illustration
      Lock icon Frontline posts 19% profit rise
      484 5  -  It eyes over $lb in sales in 5 years' time after tough past year By David Boey FRONTLINE Technologies Corp Ltd has posted a 19 per cent hike in profits to $10.7 million for its year ended March 2002, and said yesterday it has its
      CHRIS LOH  -  484 words
    • Article
      Lock icon Asia Pulp, creditors agree on terms for talks
      231 5 Bloomberg [JAKARTA] Asia Pulp Paper Co, Indonesia's largest corporate debtor, said it reached agreement with its creditors on how to proceed with talks to restructure US$l3 billion of debt. Asia Pulp said it accepted four conditions sought by creditors: the categorisation of
      Bloomberg  -  231 words
    • COMPANY Briefs
      • Article
        Lock icon SingTel to combine services
        95 5 Bloomberg SINGAPORE Telecommunications Ltd said it plans to increase sales by combining Internet and mobile services. It has merged its online, fixed-line, paging and mobile products into a single division focussed on consumers, said Lucas Chow, CEO of Sing Tel Mobile, the company's cellular-phone unit It
        Bloomberg  -  95 words
      • Article
        Lock icon Freddie Mac's S$ bond issue
        108 5 Reuters US housing finance provider Freddie Mac said yesterday its planned inaugural Singapore dollar bond issue would exceed Ss2oo million, with a possible five- to 10-year maturity. The actual terms and size of the issue would depend on investor demand, Louise Herrle, Freddie Mac's vice
        Reuters  -  108 words
    • Article
      Lock icon SingTel plans new cable link to Indonesia, Thailand
      306 5  -  By Tang Weng Fai SINGAPORE Telecommunications is in talks to build a 1,200-km submarine cable together with Indonesia and Thailand to be completed by mid-2003 if the go-ahead is given. Each country would have an equal share in the proposed network with
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  • Page 3 Advertisements
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      47 3 8 °S L tod Per,ormance Centre 315 Alexandra Road Tel 6319 0100 Sime Darby Centre, 896 Dunearn Road Tel 6319 0500 East Coast Centre. 280 Kampong Arang Road Tel 6319 0800 Mon-Fri 9am-7pm. Sal 9am-6pm. Sun Public Holidays 10«m-5pm A member of the 0 Sime Singapore Group
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      311 4 OTHER SINGAPORE INDICES May 13 VALUE CLOSE WOirfDS -27.00 ♦25.00 BTCADI -*****.00 -24.00 ■TIM* MA -*****.00 -3.00 M-KGpMaa 456.19 -0.55 tSTMWii Bad 155.76 -Q.28 1546.25 -5.89 WEpJieeFVep 430.17 +2.24 MOihppaw 216.98 -0.30 MBQW— 216.10 -1.20 Stock* Vj— IPCO 20c 24,706.000 GoWtron 5c 22.976.000 TlanjinZhong 13.425.000 KLW Hkjgs 10c 12.337,000 UniFood
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    • Article, Illustration
      Lock icon Tsit Wing may be a food counter worth watching out for
      272 4  -  HOT STOCK/ WARRANT By Ven Sreenivasan FOOD stocks have recently been the rage on the Singapore bourse. With favourites like United Food and Peoples' Food having risen sharply, it may be time to look for the next wave of
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    • Article, Illustration
      Lock icon US$ weakness keeps investors wary
      752 4  -  STOCKS ven sreenivasan IT was one of those days which provided brokers with an opportunity for longish lunch breaks and lots of time debating the results of the upcoming World Cup soccer tournament. In fact, with the local bourse sleepwalking through another mundane Monday, and
      752 words
    • Article, Illustration
      Lock icon As, NZ$ soar as US$ slips with Wall St again
      560 4  -  CURRENCIES Yen farthers gains, ignoring potential Moody's downgrade, fall in machinery orders larry wee THE greenback fell further out of favour yesterday after Wall Street's Friday retreat and again the two dollars from Down Under led the currency charge. In
      Source: Reuters  -  560 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2523 4 UNIT TRUSTS FUNDS GttSelect Asia Tilt Balanced 12H CitiSelect Asia Tilt Growth 12* CrbSHect Asia Tilt Enh Grth 116/ AM Amto /M Mgt (S'pore) OtiSelect Global Growth 10* Star Europe Eqtyl" 0 77* CiWttoct Global Income 1.12/ Star EuropeBd!. 0 976/ G«i Global Healthcare Fund 0.9* Star Europe Bal 0*7*
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  • Page 5 Advertisements
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      4 5 1 Monday Sunday W^Kw
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      291 5 WIR€L€SS MOBILITY I m SHOWCASE herein o uj .a ndhappe n i ngi. Come experience a whole new world of wireless possibilities at the Wireless Mobility Showcase! Preview the latest wireless innovations and surf for free at our Moßistro Cafe! Check out the latest in mobile payment services, multi-media messaging
      291 words
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  • SINGAPORE news
    • Article
      Lock icon MPs label Budget 'watershed', 'fair', 'insignificant', 'incomplete'
      1091 6  -  YESTERDAY DT PARLIAMENT Indeijit Singh was the most hard-hitting during the debate Reports by Anna Teo WHEN about two dozen people each put their own spin on the Budget, the result is a range of labels from "watershed", "pro-growth, projobs" and "fair and
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    • PARLIAMENTBRiefs
      • Article
        Lock icon Big voice for the small firm
        121 6 SMALL and medium-sized firms seem to have friends aplenty in Parliament, but not so the government-linked companies, going by MPs' concerns. The plight of SMEs which MPs said received no special help in the latest Budget—was the focus of many Members. Among their suggestions:
        121 words
      • Article
        Lock icon GST hike can wait
        79 6 WHY not defer the Goods and Services Tax hike until the business environment improves and the economy is well and truly out of the woods, at least two MPs suggest. The timing of the 2-point GST increase is a concern with many, according to West Coast
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      • Article
        Lock icon Imagery to get picture across
        122 6 MPs turned to colourful imagery to pepper their Budget speeches—many of which, after all, focused on a few same themes. For Heng Chee How (Jalan Besar GRC), the Budget debate has "everything" to do with the Titanic tale—ie the efforts that could have gone into
        122 words
    • Article, Illustration
      Lock icon S'pore consortium gives up control of Wuxi ind'l park
      380 6  -  Leader SembCorp's stake to fall to 3&5%fr0m54£% Hy Vince Chong THE Singapore consortium involved in the Wuxi-Singa-pore Industrial Park (WSIP) in China will relinquish majority control, and consortium leader SembCorp will hand over management and operation of the park. Pending approvals,
      FILE PHOTO  -  380 words
    • Article, Illustration
      Lock icon Carlisle Lodge up for en bloc sale
      354 7  -  Thomson site likely to fetch 15-20% below $407 psf ppr for Norfolk Mansions in 1999 By Vince Chong COLLECTIVE sales efforts are making a reappearance, with 25 walk-up freehold apartments in the Thomson/Novena area the latest to be put up for en bloc
      354 words
    • Article, Illustration
      Lock icon Chubb Insurance Singapore growth eclipses Asia-Pac's
      588 7  -  Its business grew 53% here and 37% in the region By Vince Chong GROSS written premiums for Chubb Insurance's Singapore business grew a healthy 53 per cent for 2001, eclipsing the firm's overall Asia-Pacific premium growth of more than 37 per cent. This was
      588 words
    • Article, Illustration
      Lock icon Patchy showing for weekend properly sales
      327 7  -  By Kalpana Rashiwala WEEKEND sales of private residential projects were patchy. SB Development sold 46 units at its Mill Point condo in the Zion Road area over the weekend when it officially launched the development, marked by the start of an advertising campaign. MCL
      FILE PHOTO  -  327 words
    • Article
      Lock icon NTU, University of Washington in research pact
      275 7 NANYANG Technological University and the University of Washington have forged a bio-engineering research pact, with funding from Singapore's Agency for Science, Technology and Research (A*Star) for five years. Some 85 students, mostly Singaporean, are expected to be trained from undergraduate to PhD level
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      Lock icon Page 6 Advertisements Column 1
      513 6 Dedksatod terminals an option, Shipping Pg 1 Where to wine, dine and entertain... by: A World of Exclusive Privileges Treats WWWjMMMijI imenaknar Indulge in the best of two culinary worlds as we bring you the best of international aisine. Highlights Indude Pepper Crabs and Rati Prata from Singapore, Sashimi and
      513 words
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      53 6 K it^KP^«z|^BflrLkj|^^^Bfl^H I BUFFET DINING AT ITS BEST Fresh oysters, delectable lobsters, savoury hoocy-glazed ham, US Prime Rib of Beef and many more mouth-watering radishes to leave you spoih for c choice. S Reservations; 831 6271/88 A Mamia.rut QQ Ststgafxre k586 333 Orchard Road, Singapore *****7. "SYiiTT TH: 737 4411
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  • Page 7 Advertisements
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      39 7 Learn How Modern POLYGRAPH TECHNOLOGY Can Help Save Masaive Corporate Loeaea Pre-employment Security Criminal Screening Detecting/Solving Staff pilfering, fraud, corruption etc Counter-Industrial Espionage/Sabotage Contact: Polygraph Investigative Services Call *****828 Fax *****335 E-mail kfcQpolygraphis.com 83 Clemenceau Avenue #02-01 Singapore *****0
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      Lock icon Page 7 Advertisements Column 2
      300 7 The task was near impossible. As the business hub in Asia with full responsibility for sales and marketing operations, Hitachi Asia needed quick and easy access to all its regional offices. And vice versa. Connecting 40 offices with the least possible capital expense meant maintaining the old network infrastructure for
      300 words
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  • FOCUS property
    • Article, Illustration
      Lock icon A new-look HDB resale market soon?
      646 8  -  8H.M..1 zmm PROPERTY Banks could be setting prices If new GPF/HDB rales take effect lee han shih FOUR days after it was unveiled, Singapore's boldest Budget in years looked in danger of being overshadowed by the proposals to use CPF funds and HDB flats
      646 words
    • Article, Illustration
      Lock icon One Raffles Quay boasts 1.27m sq ft
      153 8 AT 1.27 million square feet. One Raffles Quay (above) will be the biggest office project in the Raffles Place area when it is completed by the end of 2005. The 99-year leasehold project, developed by a consortium comprising Keppel Land, Cheung Kong Holdings
      153 words
    • Article
      Lock icon Keppel Land focusing on China market to boost revenue
      275 8 Bloomberg [SINGAPORE] Keppel Land Ltd said it will focus on China, where residential property sales rose by a third last year, to raise sales while Singapore endures its worst recession in four decades, with housing prices at three-year lows. Keppel Land,
      Bloomberg  -  275 words
  • Page 8 Advertisements
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      186 8 LIQUIDATOR'S SALE FREEHOLD 3-STOREY NURSING HOME Located along Jalan Ulu Siglap •28 rooms accommodating 110 beds Land area of 13,523 sq ft (approx.) Site zoned Residential' with plot ratio of 1A Selling with existing tenancy Auction Date: 29 May 2002, 2.30pm Venue Amara Singapore Debenham J Tie Leung i mm
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      289 8 reit. WORLD Asia Pacific 2002 Revitalising real estate investment 10 -11 April 2002 2 day conference 12-13 April 2002 2 day post-conference workshop The Oriental Hotel, Singapore Real Estate Investment Trusts (REITs) have been very popular investment vehicles in the United States and they have now hit Singapore. With many
      289 words
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  • MAIL bag
    • Article
      Lock icon The gung-ho crowd: an entrepreneurial pool?
      452 9  -  Narayana Narayana Singapore I REFER to your article "CPF money won't fire up entrepreneurs" by Chuang Peck Ming (BT, May 8). It is really a sign of the times that the door may now be opened to "entrepreneurs" to use their enterprise towards what
      452 words
    • Article
      Lock icon Why variation in rule for Dayen shares?
      136 9  -  Denis Distant Singapore DA YEN has been classified as a "designated" counter with no contra trades allowed, which means shares purchased may not be sold until paid for. Most broking firms have introduced their own requirement for clients to pay before they can
      136 words
    • Article
      Lock icon Stamford Land, why not be more open?
      220 9  -  Chia Hui Ping Singapore I REFER to the letter "Stamford Land gave all relevant facts" by Derek Goh, General Counsel, GM Corporate Affairs, Stamford Land Corporation Ltd (Mailbag, May 10), which was a reply to my letter ("Make asset sale disclosure uniform", Mailbag,
      220 words
    • Article
      Lock icon Probe delay in Serial suspension
      148 9  -  Peter Ng Singapore I REFER to your article "Tougher disclosure measures needed" by R Sivanithy (Hock Lock Siew, May 8). Trading in Serial System was suspended only after three minutes of trade last Wednesday. Perhaps there should be an investigation to see if the mistake
      148 words
    • Article, Illustration
      Lock icon PTP needs more than just more berths to woo lines
      149 9  -  Ariel Chng Singapore I REFER to your article "Tanjung Pelepas to start 2nd phase of development" by Donald Urquhart (BT, May 8). The establishment of an additional berth at PTP may not necessarily mean it can attract more shipping lines
      REUTERS  -  149 words
  • Page 9 Advertisements
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      179 9 We welcome letters. E-mail us at btfetter^sph.com.sg or fax us at 6319-8277, or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language,
      179 words
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      40 9 RfIJEK PHILIPPE Begin your own tradition. J8 "%>•» JB J? m "3 ml stjjjr JH it SgH .jflL Kk I®| [V Annual Calendar look after it for the next generation by Paiek Philippe Geneva Master Time, Tel: (65) 6732 1506. www.gmtsingapore.com
      40 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon An antipathy that's tough to overcome
      762 10  -  M^HTrT»irTTfl OPINION frank ching The writer is a Hong Kong-based journalist and commentator IT is the stuff of drama Chinese policemen grabbed three North Koreans two women and a toddler who were trying to seek asylum in the Japanese consulate general in Shenyang in
      762 words
    • Article
      Lock icon IN OTHER WORDS
      54 10 Respect for food is a respect for life, for who we are and what we do.' Thomas KeOer Californian chef, on the art of fine foods. 'It's better to be neglected than to be taken seriously.' Carta Ghosn Nissan s president, on why he is not bothered
      54 words
    • Article
      Lock icon Debilitating Suharto legacy
      538 10 EDITORIAL IT has been four years since the uprising that brought down former strongman Suharto after 32 years in power but the institutions that enabled his New Order regime to maintain a vice-like grip on Indonesia's political, economic and social life have yet to be fully dismantled
      538 words
    • Article, Illustration
      Lock icon Why US should engage Indonesian military
      956 10  -  Indonesia's strategic location, large Muslim population and oil reserves should place it at the centre of America's national security agenda By Leon Hadar The writer is BT's Washington correspondent INDONESIA'S Defence Minister Matori Abdul Djalil is visiting Washington this week, and he seems to
      AFP  -  956 words
    • Article
      Lock icon To fix audit mess, rotate the auditors
      543 10  -  COMMENTARY By Floyd Norris NYT THERE is nothing like a second set of eyes when it comes to spotting problems. And that sounds very bad to someone who would prefer that the problems not be spotted. The latest accounting scandal is at Peregrine
      NYT  -  543 words
  • Page 10 Advertisements
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      183 10 Nanotech PLANET CONFERENCE AND EXPC 11 12 JUNE 2002 (TUES WED, 9am 6pm] GRAND PLAZA PARKROYAL SWGAPORE Hosted by wmtm-nniinufi {Nanotech WWM( IT •••PLANET.COM. Produced by llltnrl Media HSSJLJ Group Nanotech Planet Asia 2002 Conference 4 Expo brings together the public and private sectors for two days of discussion on
      183 words
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      72 10 I PANEL OF SPEAKERS: Dr Xihong Deng, CEO: Molecular Nanos/stems (US) Mr Susumu Katagtri President, CEO: FuHerene International Corpn (US) e Dr Sandra Kay Hetsel. Ph.D., Managing Editor Conference Program Chair NanotechPlanet.com (US) e Mr Takashi Kurokawa, Editor-in-Chief: Nikkei I Nanotechnotogy [to-be online publication] I (Japan) e Dr Lerwen Uu.
      72 words
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  • REGIONAL news
    • Article
      Lock icon TRI board considers Telekom seats request
      492 11 KUALA LUMPUR TRl's nod may result in a merger to create biggest mobile provider Reuters PHONE giant Telekom Malaysia expects an answer from Technology Resources Industries (TRI) by the end of the week on a request for up to a third of the seats
      Reuters  -  492 words
    • Article
      Lock icon Danaharta mulls more share disposals
      238 11 Reuters [KUALA LUMPUR] Malaysia's national asset manager, Pengurusan Danaharta Nasional Bhd, said yesterday that a resurgent stock market this year may help it sell more securities from its portfolio as it cleans up bad debts. Danaharta said 2001 was the first year that sales of
      Reuters  -  238 words
    • NOTEBook
      • Article
        Lock icon Mahathir won't ask US for anything
        65 11 AFP v —o [KUALA LUMPUR] Prime Minister Mahathir Mohamad said he will not ask for anything from Washington or compromise Malaysia's position on international issues when he meets President George Bush, a newspaper reported. He said his trip was "just to improve US-Malaysia ties",
        AFP  -  65 words
      • Article
        Lock icon Petronas sets target yield on bonds
        60 11 Bloomberg [KUALA LUMPUR] Petroliam Nasional Bhd is offering US$l billion of 10-year bonds, setting target yields of about 1.8 percentage points above US Treasuries of like maturity, and 500 million euros (SsB22 million) of 7-year bonds yielding about 1.2 points above the swap rate
        Bloomberg  -  60 words
      • Article
        Lock icon EPF, Petronas out Proton stakes
        78 11 Bloomberg [KUALA LUMPUR] Malaysia's state-run pension fund and oil corporation cut their stakes in carmaker Perusahaan Otomobil Nasional Bhd (Proton) in the past month as its stock surged, stock exchange filings show. The Employees Provident Fund sold a 2.3 per cent stake between April 10
        Bloomberg  -  78 words
      • Article
        Lock icon IFC keen to fund Philippine projects
        60 11 Dow Jones Newswires [MANILA] The International Finance Corp, the World Bank's investment arm, is keen to fund up to US$5O million per project to investor groups chosen by the Philippine government to undertake projects in line with the privatisation of state utility National Power
        Dow Jones Newswires  -  60 words
    • Article, Illustration
      Lock icon Maxis ahead of PLUS in IPO race
      504 11 PLUS to pre-market its IPO at end of month Reuters (KUALA LUMPUR] Malaysian toll road operator PLUS will tell big investors this week how much funds it wants to raise from its initial public offer of shares, fund managers said yesterday. PLUS' move
      Reuters; FILE PHOTO  -  504 words
    • Article
      Lock icon Jakarta in US$325m deal to buy Satelindo
      367 12 JAKARTA Deutsche Telekom's 25% stake will give Indos&t foil control of the cellular firm Reuters THE Indonesian government yesterday said it agreed to pay Deutsche Telekom US$325 million for the German firm's stake in Indonesia's second largest cellular firm, PT Satelindo, after tough
      Reuters  -  367 words
    • Article
      Lock icon Delia Electronics' Q1 profit halves, but outlook bright
      324 12 BANGKOK Reuters THAILAND'S largest technology firm. Delta Electronics, saw its first-quarter net profit halved by foreign exchange losses, but analysts said its operations remained strong and forecast better times ahead. Delta, a unit of Taiwan's Delta Group, the world's third-largest switching power
      Reuters  -  324 words
    • Article, Illustration
      Lock icon Calpers may reverse Manila stance: report
      597 12 It concedes its analysis is flawed dne to an error {MANILA] In a rare about-face for California Public Employees Retirement System, or Calpers, the investment giant is expected to signal its mistake by reversing its stance on pulling investments from the Philippines, The Asian
      FILE PHOTO  -  597 words
    • Article
      Lock icon China blitz to ensure firms comply with law
      444 13 SHANGHAI Bourse, fearing scandals may be uncovered, reacts negatively to news Dow Jones Newswires THE Chinese government announced yesterday that it has launched a sweeping campaign to check whether the mainland's listed companies are complying with laws and regulations. The stock market
      Dow Jones Newswires  -  444 words
    • ASIANotes
      • Article
        Lock icon China Mobile eyes 8b yuan bond issue
        71 13 Reuters [SHANGHAI] China Mobile (Hong Kong) Ltd plans to raise 8 billion yuan (SSI.7 billion) in bonds issued by a wholly-owned unit, to help pay for network acquisitions, sources close to the deal said yesterday. Proceeds from the bonds, reserved for mainland investors,
        Reuters  -  71 words
      • Article
        Lock icon Citic offers US$200m of bonds
        68 13 Bloomberg [HONG KONG] Citic Ka Wah Bank, the city's fourth-largest listed lender, started offering investors US$2OO million of bonds, investors approached by the company's bankers said. Citic earlier said it hired HSBC Holdings pic, Industrial and Commercial Bank of China and ÜBS Warburg to help
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        Lock icon Quanta to invest US$1b in flat panels
        72 13 Bloomberg [TAIPEI] Quanta Display Inc said it plans to invest about US$l billion to become the first in Taiwan to make larger sheets of glass used in flat-panel computer and television screens. The venture between Quanta Computer and Sharp plans to install a
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        Lock icon Qingdao beer makes Taiwan debut
        56 13 Xinhua [QINGDAO] Qingdao beer, the most famous product of China's eastern port city, has made its debut in Taiwan. An average 100 containers of the beer have been shipped to the island each week, since the first three containers arrived on April 18, a source
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      • Article
        Lock icon Guangzhou to open town gas sector
        86 13 Dow Jones Newswires [SINGAPORE] Authorities in southern China's Guangzhou said the city is opening its town gas projects to foreign investors, in line with a government strategy to boost natural gas use and expand infrastructure. The move follows a decision by the central government
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        Lock icon SHE in land premium talks with govt
        95 13 Reuters [HONG KONG] Sun Hung Kai Properties yesterday said it was holding talks with the government on land premiums expected to total at least HK$2.l billion (*****.5 million) for modifying leases on a batch of agricultural sites. SHK vice-chairman Thomas Kwok said the
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      Lock icon Li Ka-shing set to list biotech unit on HK's GEM bourse
      461 13  -  From Audrey Tan in Hong Kong Tycoon Li Ka-shing has applied to list his biotech unit, CK Life Sciences, in what analysts are predicting will be yet another well-received listing for a Li company. CK Life Sciences will be
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      Lock icon China's export surge fuels growth hopes
      333 13 BEIJING Bnt 7% GDP growth target hinges on US recovery: analysts Reuters SIZZLING growth in China's exports in April fuelled hopes yesterday that the government could hit its economic growth target this year, but analysts said much depended on the strength of the US
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      88 11 Celebrating tfwtr mrfnn hf t* 50 /o oh ifo*4r next trif to I Fly ANA on any class from Singapore to Japan or USA from 1 9 April to 30" 1 June 2002 and get ud to 50% off the I airfare on your next trip to Japan on Economy
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      1305 12 If CLIPSAL CHpsal Industries (Holdings) Limited IBM<IWW«I (Incorporated in the Republic of Singapore) Notice Of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Level 2, Ocean 6, The Pan Pacific Singapore, 7 Raffles Boulevard. Marina Square, Singapore *****5 on
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      852 12 ICLIPSAL ciipsal Industries (Holdings) Limited mi (Incorporated in the Republic of Singapore) Notice Of Extraordinary General Meeting NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at The Pan Pacific Singapore. 7 Raffles Boulevard, Manna Square. Level 2, Ocean 6. Singapore *****5 on Wednesday,
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      129 13 w [fit tSS&fcsi* a it Fast, faster, or fastest. You decide. After all, no one knows how urgently you need something delivered more than you do And with o« new oi, hub in the Philippines. UPS offers you the widest cho,ce ol delivery services Like overnrght to mo|or busrness centres
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  • WORLD news
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      Lock icon Toyota earnings leap 29% to record 1.1t yen
      418 14 TOKYO Weak yen drives revenue to new high of 15t yen, as sales surge worldwide Reuters, AFP TOYOTA Motor Corp has become the second Japanese firm after mobile phone giant NTT DoCoMo to book an operating profit of one trillion yen (Ssl4
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      Lock icon UBS' 'sell' call on recent IPO makes history
      323 14 NEW YORK Reuters ÜBS Warburg made history last week: It publicly told investors to sell shares of a company it had helped bring public recently. ÜBS Warburg analyst Samuel Buttrick last Tuesday initiated coverage of discount airline Jetßlue Airways Corp with a
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      Lock icon Gold's surge boosts commodity currencies
      396 14  -  From Neil Behrmann in IxtndoH THE gold boomlet is boosting the Australian and Canadian currencies and even the depressed South African rand has taken off this year. New Zealand hardly produces any gold, but its dollar has also become fashionable because it is regarded as
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      Lock icon IEA warns of plunge in global oil stock
      477 16 LONDON It urges timely decisions' by producers to meet "•Art dMMUMb Reuters WORLD oil markets will tighten significantly over the next six months and inventories could plunge dangerously low if Opec keeps tough supply curbs, the West's energy watchdog warned yesterday. The
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      Lock icon US employment prospects bright for Q3
      246 16 Reuters [MILWAUKEE, Wisconsin] US firms will pick up their pace of hiring in the third quarter to the best level in 15 months as the economic recovery gathers speed, a survey suggested yesterday. Staffing projections are gathering strength across the country, according to the
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    • WORLDWatch
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        Lock icon Bush signs law on farm subsidies
        55 16 Reuters [WASHINGTON] US President George W Bush yesterday signed a six-year law boosting US crop and dairy subsidies by 67 per cent. The new law adds an estimated US$6.4 billion a year to crop and dairy spending. Mr Bush signed the US$5l.7 billion farm
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        Lock icon US Q1 machine tools orders down 38%
        77 16 Bloomberg [WASHINGTON] US orders for machine tools fell 35 per cent in the first quarter, evidence a slowdown in business investment will limit growth this year. Bookings for domestic and foreign-made equipment used to cut and shape metal were worth U*****.6 million in
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        Lock icon Softbank not to flog Aozora stake
        68 16 AFP [TOKYO] Softbank Corp said yesterday it was selling assets and redeeming corporate bonds to improve its weak finances, but the major" Internet investor H«»nWl a report it would flog a 48.87 per cent stake in a Japanese bank. The Nihon Keizai Shtmbun newspaper
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        Lock icon Enron's asset valuation overstated?
        81 16 Reuters [NEW YORK] Hie Securities and Exchange Commission investigation on Enron Corp seems to be focussing on whether the value of the assets the company expects to cut were artificially overstated and which executives were involved, the New York Times reported on its online edition yesterday.
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        Lock icon 8 Korea to monitor foreign analysts
        68 16 Bloomberg [SEOUL] South Korea's top regulator ordered a closer watch on foreign analysts after local media said ÜBS Warburg LLC may have tipped off clients before slashing its rating on Samsung Electronics Co shares, triggering their biggest oneway tumble this year. Lee Keun Young,
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      Lock icon Corporate thrift putting Japan's recovery at risk
      375 16 TOKYO Fall of &2% in machinery orders giving optimists pause for thought AFP WHAT'S good for Japan's companies may not necessarily be good for its gingerly recovering economy. That was how some analysts read data yesterday showing that a key gauge of capital
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      Lock icon Europe's investment banks may cut more jobs
      409 16 LONDON Number of completed H6A deals at 5-yr low Reuters, Bloomberg SICKLY equity markets and a dearth of mega-deals are likely to force yet another round of job cuts at Europe's investment banks, as a big shakeout to reduce overcapacity takes time to
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      Lock icon Researchers discover smart cards' achilles heel
      326 19 They find simple and cheap way to extract secret Info NYT [SAN FRANCISCO] Two University of Cambridge computer security researchers were planning yesterday to describe an ingenious and inexpensive attack that employs a US$3O (Sss4) camera flashgun and a microscope to extract secret information
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  • Article, Illustration
    Lock icon FINANCE
    945 15 I Transaction date: May 13 <m tin SI YS i2 MS om u» OJU «.«a« o*. 0220 0.188 0.132 0496 0247 0 940 1907 ||177 0154 L539 0 «t Oftu US 4 5 020 22^m 27 0.439 0443 E-ro "72 1425 7.5*7 6404 LOW 709 4uS*W l£ £2 ,2
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    Lock icon COMMODITIES
    1401 15 MOOMFV<iU»8g May 13 MQUmlCMiprta) KSSf (ScMb/W) mm U» Sett ft—1» tffrt ffw ****** B425 aS ***** W02 «SS3(UScwhAg) iotmmt 0 I— Srtt ft—m) Ifrwt 6&50 »00 J* 02 Jr? Aug 02 Sm 02 fJS 3025 6125 3025 TSt 20 (US cMti/k«) Yohwt I].., se is t*t aaa aB T?«,
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      789 15 strateoh systems limited a? T CE 'IHE,1 HE, E d BY G VEf i th L at the Annual General Meeting of Stratech Systems Limited ("the Company") 6 International Business Park, #02-03. The Atrium, Singapore *****8 on Wednesday, 29 May 2002 at 9.30 a m for the following purposes! AS
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      1339 16 SUPER COFFEEMIX MANUFACTURING LTD (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Super Coffeemix Manufacturing Lid ("the Company") will be held at No. 2 Senoko South Road, Super Industrial Building, *****6, on Thursday, 30 May 2002 at
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  • Page 16 Miscellaneous
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      231 16 UKVPTIC CROSSWORD Fever contracted by a dire 8 High churchman makes ksS ]mi priest cheer (7) 10 Piece of bread one served I I I I I I I I I I with an aquatic delicacy (10) 23 Maligned an unusually im--26 One alternative is to stmulate the woman (7)
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      1053 17 Page 1 SAMUDERA SHIPPING LINE LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING ss ss ssuas T rom *****5 As Ordinary Business 1. To receive and adopt the Directors Report and Audited Accounts for the year ended 31 December 2001 together with Auditors Report thereon 2
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      222 17 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF VALLEY VILLAS PTE LTD (IN CREDITORS' VOLUNTARY UOUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, (Chopter 50) that the Final Generol Meeting of the Members and Creditors of the abovenamed Company
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      511 17 k IN THE MATTE* OF THE COMPANIES ACT, CHAPTER 50 MYINKABA CORPORATION PTE LTD (In Members' Voluntary Liquidation I NOTICE OF FINAL MEETING NOTICE is hereby given thai pursuant to Section 308 of the Companies Act Chapter 50 a Final General Meeting of the Members of the abovenamed company r
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      1100 17 1 iIT Startech Electronics Ltd I (Registration No *****6220H) I Startech (Incorporated in the Republic of Singapore) 11 NOTICE OF THIRD ANNUAL GENERAL MEETING I As Ordinary Business Jss Aud rt r s,a,emenß ,he r oanc al 31 »«■<» mi. I 2 I°approve Directors' teesof SJ6OOOO for the financial year
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  • Article
    Lock icon STOCKS ASIA
    4315 18 Transaction date: May 13 for more, go to wwwjasiaonenmarketsjcom HONG KONG HyunOn .MO 025 10«8 V* kiterchina Hldgs 124 014 *****5 W Int l Bank at Asia 3.15 inch 2126 i Regent Group OJI unch 0 AuossAsia Multimedia.033 inch 0 JCG Holdings .4.70 4 03 674 2?* l
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    Lock icon KLSE
    2392 18 Transaction date: May 13 KUALA LUMPUR 352 inch is v>| FS8M .2.32 -0.03 1 RM w- rooot FW mdustnes .0.32 unch 30 Gadang 1.44 -005 126 A AM Really 1.27 -0.03 7 Gamuda 6-45 0.10 1555 Abric 1.90 -0.03 52 GanadCorp 0.99 -0.02 7 ACP Industries .3 50 -0.04
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    Lock icon SGX
    757 18 Transaction date: May 13 o— a—ii »»>—m w o— o—f. CftC 04« 4.960 -0.0*0 NiKM 50c 0-23 1270 *0A» Otmund 134 1.M0 *0020 OCtC 9 99 ***** -0200 OwtSmCondJfc 1*4 4 360 -0040 OUE 0 53 7 400 *0150 City Dcv 50c 224 6.200 «OjOSO H 25c 032 0*10
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    Lock icon BONDS & WARRANTS
    626 18 BONDS WARRANTS Last MCw iMr Hk Mi *m- Wta un AST1VW>***** xt -1 3 1 16 5 1S2 25 Acmaltd WM1116 1 SO 430 333 30 AmtekW*****0 68 unch 82 1 33 2 1.49 37 Armstrong W040S2C 7 25 1 1 >0 36 179 24 AairfoodPlMJ***** OS 1 166 2462
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  • Article
    Lock icon SGX MAINBOARD
    4113 19 Transaction date: May 13 for live prices, log on to wwwjastaonerna rketsxx/m ~rr a A ara-ta i 9 C ABNAmroNLG 56c 2 23 ,6 j B i" •"»ss I I £?£?c1& 26c: zE 2,S «S *5 N9 8 si '»i 5 i£i£il2L 1 550 550 550 s AtwiiJeeii
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    Lock icon SGX XTRANET
    71 19 1 l* QmaU GrOv ot* OrTM Hal f- WtAva -p W- (1W u. M, X Cw w >3 w3 "MO 40 s Diamonds US9960cd 9960 9960 6890 3830 s IS DJ US Tech US4600 S7S 440 s ISMSQSpoc OS575 5 USIOMO 1240 0 ***** ***** I I III*
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    Lock icon SGX SESDAQ
    805 19 IMUB J Jj!" UMQHti CfOhr DK firTM Mm MCa wiAm rr —it—ni i— cw »t $3 w3 323 12 c AM HMgi 5c 18 unch 96 18 17 S 17* isc «03 12 CAP CM 5c 21 Sal -05 10 215 71* ,,r '*,5 7 •5.5 27.5 c
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    Lock icon CLOB INTERNATIONAL
    223 19 j*"- w jcis. t y ■a AV Jennings 100 A susp m Mp u wj 265 2.1 7.4 6 *****J vfMig KongSDc HK 17V 240 6-3 6 7 1 63 45 Otye Solutions It HK55 2 7* 3 6 54 5 G«*#»2000UV75.5 A ft I 365 11 Gaming
    223 words
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      72 19 www.miworid.com.sg Everywhere under the sun. Ml FLIGHTALERn^nEPER^CnREMIM)EF^^^^^ ;a-. Boarding Time 1 To set y° ur personalised Ml Flight Alert, just log on to calls at the airport, you'll receive it all on your mobile phone. I m wor ld.com.sg. From reminding you up to two days in In short, for
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      2099 20 '"eßusinessTimes.Tuesday, May 14.20( ToßdmttocqJlteU-fret 1800 *****22/tm*il recn>itsosph.co«3< SINGATRONICS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Third Annual General Meeting of the Company will be held at Mandarin Court A, 4th Floor, Main Tower, Mandarin Singapore, 333 Orchard Road, Singapore
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      1773 20 koh brck KOH BROTHER S group umited (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING I*?. I I? E ?f a B X GIV N tha ,he E 9h, h Annual Ge eral Meeting of Koh Brothers Group Limited will be held at Oxford Hotel. 218 Queen
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      63 20 0 W Tho Straits Times IT Classified where rf virtually ovtry 11 vehicle Is j at your syfod I fingertips. Pfr 1 Buy Its**, find It J msg L II if ■jjutl SmU j Hgr[ i jR»S m The Straits Times Classified where m virtually every f I home is
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  • KNOWLEDGE economy
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      Lock icon Best US firms in KM are also top creators of wealth
      822 21  -  They realise that managing corporate knowledge yields big dividends, ammatbo finds out ANNA TEO THE companies that are worldclass leaders in managing knowledge are also streets ahead in creating wealth for shareholders. This emerges from the latest study of
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      Lock icon From excellence to messiness
      1512 22  -  THOUGHT LEADERSHIP Sixteen of the world's top thought leaders speak their minds on how they see the business world, in an exclusive series over the next 12 months. This week, stoart grajmer meets Tom Peters, the man who invented the modern management guru STUART CRAINER Stuart
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      148 21 w,J k"i B B for over 20 years, our qualified professionals have been assisting clients to venture offshore with confidence by providing consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including HH British Virgin Islands Mauritius IWWZ Cayman Islands Hongkong Bahamas Samoa Np^tiK3|j: Full nominee, management,
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      104 21 161 I m^K^^^K^if^SSSjKK/I^^L W \^BEilllEfluWiltitJl]raw!l m i 9 WjjW M jkO& BaST/^" 5 i^ F'^^aT Upgrade your people with facts. Spot opportunities. Clarify doubts. Make better decisions. Upgrade your people with information from Factiva, a Dow Jones and Reuters Company. Let us bring you business information the way you want
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      184 22 INSEAD is widely recognised as one of the largest and most influential of the world's top tier business schools. It is the only business school with totally integrated, inter-connected twin campuses in Asia and Europe. A global perspective and multicultural diversity characterise every aspect of INSEAD's research activities, MBA, PhD
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      94 22 Cnrt.in We prepare Your |Pl S Intellectual Capital Part Time Full Time July2oo^ntakeJ^^^^^^H^^H Bachelor of Commefce (HRM jSBBM Bachelor of Con»oroc (M6T &£Mh|H Master of Humaß Resource RtaMaeillt^M r• g I am interested in the following programme, please send me more information: Fax:6226 0268 Name: O Master of Finance O
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      426 22 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of ACCESS ONE PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE Of fINAL MEETING Notice is hereby given pursuant lo Section 308 of the Companies Act, Cop. 50 that the Final Meeting of the Members of the abovenamed
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  • SHIPPING TIMES
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      Lock icon DAILY FREIGHT
      279 23 Reuters THE Baltic Dry Index (BDI) rose four points to 1,038, the Baltic Panamax Index (BPI) gained seven points to 1,079, the Baltic Handymax Index (BHI) firmed 22 points to 7,774 and the Baltic Capesize Index (BCI) was up four points to 1,169. HME-CHJJOTSRi Kerkis (built 1982) 208,952
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      Lock icon MARITIME STOCKS
      276 23 MX *000 Mayo s$ *h w CWT Distribution 0.82 unch 13 Chuan Hup 0.43 0.01 235 Coko Investment —0.26 -0.01 313 Freight LMu 0.0« -0.01 7 GB Holdings OiSO 0.03 24 IMC HoWngs-KK 5.60 unch 0 Jaya Holdings 0.24 -0.01 604 Keppel Corp 4.32 -0.02 1019 Keppel M
      276 words
    • Article, Illustration
      Lock icon Dedicated terminals an option, House told
      523 23  -  PSA re viewing strategy, but price is not everything when competing, says Minister Reports by Donald Urquhart [SINGAPORE] Dedicated berths at PSA Corporation terminals in Singapore are being considered as a serious option it was revealed yesterday in Parliament by Transport Minister Yeo Cheow
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      Lock icon MPA sets up $80m fund to boost shipping
      390 23 Fnnd will also aid shipping lines and help develop skills [SINGAPORE] The Maritime and Port Authority of Singapore (MPA) will spend $80 million over the next five years in a bid to bolster the local maritime sector against rising competition from regional
      390 words
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      Lock icon Industry group accuses NZ ports of captive pricing
      391 23 It wants roles to be set up to handle future problems Dow Jones Newswires [WELLINGTON] A New Zealand shipping industry group said yesterday that it wants the government to address what it calls a monopoly pricing policy that ports employ in dealing
      Dow Jones Newswires  -  391 words
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      Lock icon Navy ship to become reef
      74 23 [NORFOLK] The retired US Navy ship Spiegel Grove is towed down the Elizabeth River, in Norfolk, Virginia, enroute to the Atlantic Ocean for a voyage to Key Largo, Florida, where it is to be sunk as an artificial reef in the Florida Keys National Marine
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    • SAFTY standards
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        Lock icon Much done, much to do
        810 24  -  Class societies should start working towards consolidation to eliminate the wide variation in quality, writes oscar spieler OSCAR SPIELER The writer is Technical Director, Frontline. This viewpoint first appeared in theABS Surveyor Magazine THE maritime industry is in constant evolution. And it requires constant reassessment
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      Lock icon SHIPPING SCHEDULES INDEX
      130 24 PACE FoongSun 5 BSA 6 Fujitrans 6 BtarwjMas 6 Gemartrans 4 CMACGM 3 Hangli 4 COSCO 3 HyutKUi 4 Columbus 5 Heung-A 3 II Central Ex 4 MSL 5 China Shpg 5 KienHung 5 II Cougar 5 Kyowa 6 II CWTCWwHnk 6 KMTC 3 Delmas 4 II
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      Lock icon SHIPPING GUIDE
      11947 28 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT A Adv#rti«»r u au >m I pta cta >< I ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyege Telephone SIN Destn Name Name Number Number SIN Dest'n Name Name Number Number 22/04 22/07 UASC ASIR C195* 45******* To ABIDJAN (ABJ) 2003 Cota
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    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        648 31 No Berth Arrival Departure Jvwf Nrt MAMSURI *****4 J12 13/05/6:55 13/05/17:30 SINCERE GEM 91 J09 13/05/7.M 15/05/2040 BUOIMAN 1NDA JB0501 J02 13/05/7:50 13/05/23:59 VICT0 Y 1 Jfl 0504 J04 13/05/10:30 13/05/23:59 MAUIANAI N***** J10 13/05/1145 M/05/340 SRITANJUNG J***** J04 13/05/11:35 13/05/23:59 LABWr 159 EBIS11 J06 13/05/10:50 14/05/9:30 SEBANGUN
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        Lock icon CONTAINER SCHEDULES
        1781 31 RECEIVING Of El PORT FCL CONTAINERS MP LCI CARGO toofcinQ/IUUnct Ictts SMp VoyHo Ett/Btr Ptrtod from To From »o*»w til s.»oo u tvnoe iv»» um uffloo a/vM am U IVOTB MMH HIM am mmw mmo J WW MM WMN 4 WttOt M.VW KIW •I*"" <V**t l» j "SaC
        1,781 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        482 31 Carbon ISO Mii 990.9 0.4 t7 J 0 06 52 0 04 9 Dtmlt* Water Residue AihAHmintum S&mmt No above £25 0 0 4 0 0 0 %H/H 380 Ave 987.4 02 14.8 0.05 26 0.02 «/irJ v/v *um «.y/w 122 *****13 0.6 0 0.09 53
        482 words
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        Lock icon GLOBAL HOLIDAYS
        174 31 May 17 Norway: Constitution Day May 19 Norway: Whit Sunday South Korea: Buddha's Birthday Sweden: Whit Sunday May 20 Canada: Victoria Day Germany: Whit Monday Norway: Whit Sunday Sweden: Whit Monday Switzerland: Whit Monday May 25 Brunei: Prophet Muhammad' Birthday Indonesia: Prophet Muhammad' Birthday Malaysia: Prophet Muhammad' Birthday
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        Lock icon COCKETT BUNKER MARKET REPORT
        804 31 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead or single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the
        804 words
    • AIR & LAND transport
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        Lock icon S'pore will push to maintain air hub status: Cheow Tong
        464 32  -  It will improve air links, services, local business and tourism demand By Beth Jinks [SINGAPORE] Competition for airport traffic will intensify, but Singapore will improve air links, services and local business and tourism demand to maintain its regional air hub
        FILE PHOTO  -  464 words
      • Article
        Lock icon Alitalia slashes losses by half
        201 32 AFP [ROME] Italy's troubled national carrier Alitalia has sliced its losses by nearly half, to 103 million euros (*****.9 million) in the first quarter of 2002, the Italian financial newspaper II Sole 24 Ore reported. In the first quarter of 2001, the company reported a
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        Lock icon Ariana resumes Pakistan flights
        59 32 [ISLAMABAD] Syed Mustafa Kazmi, Afghan Commerce Minister (second from left), and senior officials upon their arrival at Islamabad airport, Pakistan. Afghan Ariana Airlines flew its first flight to Pakistan in 23 years on Sunday. It carried a 28-member Afghan delegation on a four-day visit to meet
        REUTERS  -  59 words
      • Article
        Lock icon JAL to get 30b yen rebate from Boeing
        184 32 Amount, part of plane purchase deal, can be used for buying parts Bloomberg [TOKYO] Japan Airlines said it will receive a 30 billion yen (***** million) rebate from Boeing Co that can be used towards buying jet parts as part of an
        Bloomberg  -  184 words
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        Lock icon Korean Air back in the black in first quarter
        482 32 Higher travel demand boosts profit to 29 Jb won Bloomberg [SEOUL] Korean Air, the country's biggest carrier, said it returned to profit in the first quarter because of increased travel demand and efforts to focus on profitable routes. First-quarter net income
        Bloomberg  -  482 words
      • LOGBook
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          Lock icon Law-fare rival no threat to Lufthansa
          100 32 Bloomberg lUULLKjNE, Germany] Deutsche Lufthansa AG chief executive officer Juergen Weber does not expect Europe's second-biggest airline to face a threat from low-cost carriers, German newspaper Frankfurter Allgemeine Sonntagzeitung reported. Lufthansa shares fell last week after easy Jet acquired an option to buy British
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          Lock icon Qantas to include taxes, levies in ads
          84 32 Bloomberg [SYDNEY] Qantas Airways, Australia's largest airline, is changing the way it advertises airfares to include charges, levies and taxes applicable to its tickets. The changes, which take immediate for domestic air travel, were made after advice from the antitrust regulator, the Australian
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1621 32 city man et* man tin tMMl U8770 2230 U8762 0635 U8765 1230 S0229 2230 U«Ti7 0635 $0326 1230 *asttr*a S023 0605 6*974 0130 HJ37 1510 KL030 2225 LH97M 1445 0F5 2250 S024 2345 M3 2305 1*770 1555 W4579 2305 -III' MPOB 068 K457| g,, suogt mm
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        Lock icon Search teams close in on missing flight recorders
        301 32 CHDIA NORTHERN CRASH AP [BEIJING] Search teams aided by detection equipment from the United States yesterday honed in on missing flight recorders that could help explain why a Chinese jetliner plunged into the sea, killing aU on board. Divers and sonar-equipped ships
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      379 23 f w rx Safety standards: i 1 4 Much done, 1 >tt much to do V. V* Pa S" 2 —5 ▼'a Korean Air back S pore to maintain m the black in regional air hub status Q uar *er B.ick P,ii:c Back Pa S e The Terminal and Hj|PPSV
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      457 24 I NORTH AMERICA QULF/jNDjA SUB-CONTINENT jSUPER SHUTTLE EXPRESS (SSX) lOULF KARACHIEXPRESS «MOQ vtssa vor lgo «c rasa wt <a [daw mo 00Q NETHULANDS 30W17 01/05 If/05 ST/05 P*o NDUOTO NISOANf Oil 01/05 00/05 11/05 10/05 OOa NITAM 50W1S 00/05 20/05 20/05 HAKUOA MAIU 031 15/05 10/05 U/05 20/05 I i/K
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      55 24 44T'" WORLDGATE EXPRESS LINES PTE LTD XJL\ 180, C6CN Street, #16-03/04, Bangkok Bank Building, Spore *****6 Tel: 6226^ax: Email: wgateGmbox2.singneLcom.sg WEBSITE: http://www world gate com sg Calcutta jTchlttagong bo WOB Karachi karachi/lahore 17/05 Bombay MADWAa/BAWQ^.i^ V 1 le,Ura2> BOMBAY 17/05 CHfTTAQOWQ/DHAKA 15/06 /Sgfek NHAVA 18/ OS IP CALCUTTA 16/06 Port
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      669 24 Lines services represented by Members of the Registry of Members of lf>a wfeSpW Accredited Shipping Agents, Singapore Logistics NggzJy Singapore Shipping Association Association g ULY UM MALI vissa voy In* Troi I"™ P. It LANG STORE MALI Empress lily 0302 16/05 17/05 25/05 Princess Lily 0502 05/06 06/06 14/06 Empress
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      1021 25 TO USA (SAX SERVia) VESSII VOY SIN HA UX OAK DAI HOti Oil (01 M£M ATI NYC API lEIGIUM 104E 15/05 30/05 03/06 03/0* 03/06 03/06 04/06 03/06 05/06 05/06 Aft HOUAND 108E 22/05 06/06 1 0/06 10/06 10/06 10/06 11/06 10/06 12/06 12/06 Aft ENGLAND 110E 29/05 13/06 17/06
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      1781 25 CALL TO COLOMBO 1/11 4 PATS GENERAL AGENTS IN SINGAPORE: 80 ROMNSON RD *12-00 SAUS/BKGS TEL *****857T43 FA* *****321 /71 MALAYSIA OFFICE PASiR GUOANG TEL 07-*****64 VAX- 07 353A170 COSIAR SHIPFINO PTI UD S,MG ro#E W" 9l OUTWARD (l/l) *****802 *****325/7S CR NO- **********0 M TEL 6226 1900 (MAIN) INWARD
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      610 25 air rGU HKG sSSTnIs INC VESSEL VOY SIN HKgTkEL PUS IWC KMTC HONGKONG 2Q6N U/5 H/5 22/S 25/5 27/5 31/5 KMTC PUSAN 2Q6S 15/05 24/05 28/05 03/QA KMTC KEELUNG 207N 22/5 23/05 26/5 29/5 31/5 4/6 HYUNDAI SPtIWTEK 076S 17/05 24/05 26/05 29/05 01/06 KMTC UISAN 207N 29/5 30/5 2/6
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      919 26 HYUNDAI MERCHANT MARINE CO., LTD. Hpupgy: www.lmiw2l.coh O MO. **********011 *oTf_ SM SOU LB4 WW ANT "wuT MtV [VESSEL VOT loi"~jflT WW ANT ma" MY TIT MY FORTUNE 308W 13/0S 04/06 29/05 JO/0S 01/06 MOl SOLUTION OOsT 24/04 27/04 21/04 23/04 14/05 in INDIA torn 16/05 02/0* 07/04 04/ M
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      669 26 m ha! vm INTRODUCING: NEW WEEKLY EXPRESS SERVICE Weekly Express Monday sailing For more details, call HOTLINE: 1800-*****00/*****88. gyiiMM rasa wr 9N m au UH UMWT MTP ASIA EXPRESS IMA IN PORT SAILED 17/05 19/05 16IA 71/05 J7/05 21/05 162 A 02/04 01/06 06/06 07/ M IMA 13/00 12/0* 17/06
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      647 26 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS SratE P HMS COUMMO N. SMFVA| (OIOMOO vtssami vot ita/ito eta/etp ita/op m/np eta/to IISHASTII SOIW> 13IWT 15 MAT IIIMT SW t ~?SIMT mwMMiwßs mow nm 7imt nm -fmT uu« iotafbwhu mwoi 77 wt ?mr ;jw 5
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      1181 27 [VESSEL VQY KHH HKO SIN I PtCl DX> Uj DMM HWK IRAN KERMAN PCL-259 14/05 13/05 18/05 19/05 26/05 27/05 29/05 01/06 IRAN ISFAHAN PCL-260 21/05 22/05 25/05 26/05 02/06 03/06 05/06 07/06 IRAN HORMOZGAN PCL-261 2S/05 29/05 01/06 02/06 09/06 10/06 12/06 14/06 IRAN TEHRAN PCL-262 04/06 05/06 08/06
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      486 27 UK CONTINENT SERVICE Loachng for DIMITRA R DM/A TW/B M N/U K/NAN MARYLAKI RDM/ATW/BMN/U K/NAN Loads Singapore. E7W. Matoyaa. Indoneaa MIDDLE-EAST SERVICE Loading for ANAIS LAND JOH/AQA/DMT PAN EXPRESS DBI/ABU/DOH/BRN/DMM/KWT LOK KIFTTI HDD/JDH/AQA AFRICA JDH/AQA HANDY DFIAGON DBI/ABU/DOH/BRN/DMM/KWT TZANETIS DBI/ABU/DOH/BRN/DMM/KWT Toads Singapore. E7W Malayan. Indonesia USA SERVICE Loadng for OMIROS
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      704 27 WKI VOT SIW "HM 0677* ffi~~ ffi&L ilfi 14/ Si LIZM_ SgSg u»N u/« «/at MtMnm ~_im n/oi _2ma_ lis "1H IllHi His 1 VQT SIN Dil Y£SS£L VOY un te[-g-J= fe =S=H§f=BF HU resa yor s» "frrS"? JIT JOAMIA ati 10/05 21 /OS {Sftafiff —SM l|;gi *T JO**** 3*6
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      124 28 LINE l vri \Pmmm O—l Y«» |lC—r[ Trmk 1 r—l *■<„ .1 Pocific Senator 949E 20/05 29/05 03/06 04/06 Pacific Senator 949E 20/05 12/06 22/06 24/06 26/06 Pacitic Senator 949E 20/05 07/06 16/06 17/06 20/06 ~*****~ London Senator 951E" 27/05 12/06 22/06 24/06 26/06 London Senator 751E" 27/0? 12/06 17/06
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      250 28 CWT GLOBELINK PTE LTD otvv OFFICES IN TEL:*****833 (36 LINES) FAX.*****742 M SYDNEY-MELBOUANE-PENANG-PORT KELANG-PASIB GUDANG-KUCHING-BANGKOK-KARACHI-BOMBAY-NEW DELHI COLOMBO HO CHI MINH CITYHAIPHONG HANOI BBEMEN HAMBURG TIANJIN QINGDAO SHANGHAI-XIAMEN FUZHOU DALIAN-XIAN BEIJING SHI HA ZHUANG WEEKLY DIRECT GROUPAGE SERVICE TO CENTRAL SOUTH AMERICA MANZANILLOIMEXICO BUENAVENTURA/COLOMBIA MONTEVIDEO/URUGUAY SANTOS/BRAZIL VALPARAISO/CHILE BUENOS AIRES/ARGENTINA THANK YOU
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      15 28 KEEP UP TO DATE ON TRENDS WITH THE LINER SCENE FORTNIGHTLY ON MONDAYS SHIPPING TIMES
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      233 28 IgM MYANMA FIVE STAR LINE vßsa vor sw m pen pcu om SHWI HAW S4W &U> PAGAN V3MW SU) IN MAUTSIA; lOUSTEAD SHIPPING AG!NCIES ML 03-*****300 PKL 03-317*4101 PEN: 04-2****** BANK LINE (A tarvk* of Aa4r*w Wtir Skipping) I northbound to europe V CONIAMBt, ROM, NUUt HUVYUFTS VKSII SIN m
      233 words
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  • Page 31 Miscellaneous
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      119 31 legend Issued by Meteorological K Thunderstorm Showers o Rain emperature Cpf Wjnd direction and speed in knots Cloudy Day We Mr U Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j 1 -"—•One half fleche represents 5 knots I 4 Moderate,
      119 words
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